The increasing interest in payday loans

Diaz

Consumers in the USA can enjoy a choice of loans these days, from secured loans targeted at homeowners with equity in their properties to personal unsecured loans that are available to those that are renting or living with family and need to raise money for one of a range of purposes. You can get loans that are designed for all sorts of purposes, from consolidation loans that enable you to wrap up all of your existing credit into one convenient loan to home improvement loans that enable you to add beauty, practicality, comfort and even value to your home.

The repayment periods and interest rates on loans can vary depending on whether you take out a secured or unsecured loan, and depending on the lender that you go through. For example, the typical repayment period on a secured loan is between five and twenty five years, and with an unsecured loan the typical repayment term is between one and seven years, although some lenders offer up to ten years. However, what about people that want to borrow just a small amount of money for a relatively short period to tide them over until they next get paid?

2k loan photo2000 dollar loans or even more are becoming increasingly popular in the USA, and are designed to meet the needs of those that want to borrow a fairly modest sum of money for a short period of time. These loans do not usually involve an credit checks, which means that they are also available to those with poor credit – people that are not eligible for unsecured loans or credit cards in many cases. However you will need to be able to prove your income, your identity, and your address, as well as prove that you have access to a bank account in order to borrow with many payday loan companies.

When taking out a payday loan there are a couple of options open to consumers. You will find a number of payday loan providers on the high street, and you can take the necessary documentation along with you in order to get the money that you need. Once your documentation has been verified the money is usually available right away. You will also find online payday loan providers where all of the information can be faxed over and the money can then be transferred to your account either the same day or next day.

When it comes to repayment of the money that you borrow there are also a couple of options, although the loan provider will probably tell you how you have to repay your loan. Some companies ask that you leave them with cheques made out for the required amount, and these are then banked on a specified date. Other companies will ask that you set up a direct debit for the payment to come out of your account on a specified date.

Payday loans are short term small loans, and the amount that you can borrow can vary from one provider to another. However, the typical amount that you can borrow from one of these providers ranges from $100 to $1000. The idea is that you borrow the money for a period of one month until you next get paid. However, some providers will allow you to ‘roll over’ the money that you have borrowed, which means that you pay the interest on the loan for an extra month and get an additional month to repay the loan.

The interest rates in terms of APR can be very high on these payday loans. However, for most people this does not pose too much of a problem because the loan is taken out over such a short period. Most lenders (i.e. ExtLoans) will charge a flat fee per $100 borrowed, and the typical rate is around $10 per $100 borrowed, although this can vary from provider to provider. It is worth comparing different payday loans to compare things like the rates charges and the ability to roll over the loan, as this will help to ensure that you get a loan that suits you. Because there are no credit checks involved these payday loans are often well suited to those that cannot get a credit card or loan but need a short term loan to tide them over.

Consumers take out payday loans for a number of reasons. Nobody knows what lies around the corner and many people find themselves facing emergency situations such as unexpected bills or emergency repairs, often at a time when they have used up their wages yet still have a week or two left before they get paid again. Of course, you can always ask friends or family to help out, but for some people this is not an option or they simply prefer not to go cap in hand to family members or friends. This is where payday loans can prove invaluable and can help you out of a tight financial situation until payday comes around.…

Cash Problems

Diaz

The holidays can be overwhelming for many adults with ADD. It can also be a time when people realize that they do not have the savings to cover their holiday spending. They realize that they did not save enough money over the year to cover heavy holiday spending in December. This usually means that starting in January many people make a new year’s resolution to improve their finances.

The focus of their resolution is to find ways to reduce expenses, ways to increase income, and better financial organization. These are very lofty goals and are all factors towards improving your finances. What is often ignored is the emotional reason behind a purchase. Adults with ADD are more prone to impulsive and emotional spending, and it is important to recognize physical and emotional patterns in how you are spending your money.

In order to this you should keep a small notebook and track you purchases for a month. It should include when you made a purchase, the amount of the purchase, what you spent it on, and how you were feeling when you made a purchase. For example I am more prone to making impulsive purchases when I am tired. Reviewing this notebook will not only help you recognize patterns with your spending, it will also help you to realize how much you are spending on small expenses. ADD adults often lose track of how much their small expenses are actually costing them each month.…

September deficit

Diaz

Looking back on my spending habits, there were two months where I would cringe the most when opening my bills. Opening the bills in January was always tough because of holiday spending, an increased heating bill and the additional self pressure of trying to adhere to financial resolutions. However I think what caused the most stress is when I opened bills for September. There are several reasons why people are stressed by September Bills.

1.People underestimate the amount that they will spend for school tuition and/or fees. For the most part schools have already figured out what their tuiton and fees are going to be, make sure you know how much tuition and fees are going to go up so that you can adjust you budget, or sign up for an installment plan that many schools offer.

2.People underestimate the amount that they are spending on fall clothing and/or school supplies. This is an area where it is important to establish and stick to a budget before you start shopping. The stores are designed to maximize the amount of money you will spend. It will also help you if you make a list of what you want to buy before you go shopping. This will help you make sure you get what you need while trying to stick to your budget. It will not serve you, if you stick to your budget, but your kids have seven pairs of jeans and no shoes.

3.People spent more money than they had planned on during the summer. There are many tempting ways to spend money during the Summer. For me it was all of the little expenses that seemed to add up.Here are three major expenses to keep an eye on:

Electricity Costs – Here are some ways to reduce summer electricity expenses

Entertainment – In the summer time there are many concerts, movies, and outdoor activities that cost money. It is easy to lose track of your entertainment spending. If there is something that you want to do badly this summer, don’t deny yourself, just keep in mind that you probably can’t afford to do everything that you want to do, and that there are many low and no cost alternatives for entertaining yourself and your family this summer.

Gasoline Costs – These are costs than can easily creep up on you because you only have to think about it when you fill up. Including travel costs can help you keep your summer adventures within budget.

Food Costs – No one wants to cook during the Summer. However there are ways to get around this. Many people cook on their grill almost every night. You could also prepare several meals at one and freeze them of have dishes that you can serve cold.…

When To Quit And When To Stick: Make The Right Decision!

Diaz

An enormous part of life is knowing when to quit and when to stick. Maybe it’s a job that you don’t like, or perhaps a business venture that’s failing. Or maybe it’s something else – could be a number of things! We all struggle occasionally with when to quit or when to stick with something. How important is this topic in your life, and what can you do to make the right decision at the right time?

The Misconceptions of Quitting and Sticking

There are a few misconceptions about how to achieve your goals. Many people think that if you “just stick with it, you’ll eventually succeed.” But what if you’re on the wrong path altogether? Continuing down that road will only get you further from your intended destination.

Another misconception is that quitting is for losers. On the contrary, quitting could be the best decision you’ve ever made! Quitting can free you up to work on new projects, think critically about how you’re living life, and remove a truckload of stress.

There are times to quit and there are times to stick. But don’t think as quitting as bad or sticking as good, think of them as options.

When You Should Quit

You should never give up on life. That’s not the type of quitting we’re talking about here. The kind of quitting we’re talking about means eliminating or changing one area of your life to replace it with something new. That could mean changing something as small as your product pricing or getting out of a bad habit. Or, it could mean something more radical like getting out of the rat race or ending a detrimental relationship.

What do you think about the following quote?

Quitting is the easiest thing to do. – Robert K.

Mr. Kiyosaki’s quote rings true when it comes to things we should actually stick with that are difficult, but it doesn’t when you’re quitting something that is actually fruitful in your life. When you have to choose between a fruitful activity you’re currently doing, and an alternative that has the potential to do better, it’s in fact very difficult to quit and try something new. And sometimes, that can cloud your judgement about when to quit.

Here are two instances when you should probably quit or heavily modify your project, plan, or circumstance:

  • When your stress level starts negatively affecting other areas of your life. Maybe you have a job that you dread going to and you’re not getting any sleep at night because of the stress. Probably time to look for another job, then quit.
  • When your activities are not moving you forward toward your major life goals. For example, if your goal is to produce more residual income, but you aren’t educating yourself or trying other opportunities because you work 24/7 (and, by the way, for extremely low wages), perhaps it’s time to quit the full-time position and move to part-time – or quit altogether!

When You Should Stick

Sometimes, it’s important to stick with something over the long haul. For example, long term investing is a good idea, and staying married to your spouse is another!

But during the difficult times when you’re wondering if you should stick with something, you might ask yourself these questions:

  • Does this project need time to work?
  • Does this project have a high potential to get me to where I want to go in life?
  • Do I have an attitude about this project that I shouldn’t have?

If you find yourself answering “yes” to these questions, perhaps you should give the project more time. And certainly, always stick with your virtues and make it a goal to progress in life.

Still Not Sure?

When I decided to quit my job and pursue professional blogging full-time, it wasn’t a spur-of-the-moment decision. It took years of careful planning – and believe me, I still made mistakes along the way! Sometimes I had to quit certain activities in order to free up my time. Other times, I had to stick with a job I didn’t love, so that my dream job would have time to grow and mature.

Perhaps you’re in the same boat. You’re asking yourself if you should quit or stick with something. Maybe the answer lies in a little of each. Over time, you can maneuver your ship where you want it to be.

Bonus tip: If you’re happily married, ask your spouse what they think you should do. Many times, they’re right.

Don’t be afraid to quit when you know in your gut you’re ready.

Don’t be too lazy to stick with something before it has a chance to prove itself.

Don’t fear making a decision – your future awaits!…

How To Send And Receive Money Electronically

Diaz

Last week I needed to send some money I owed to an acquaintance. I could have opted for safe and reliable snail mail – but that would have been too slow. I could have paid over the phone, but I’m always worried my credit card number may get into the wrong hands and/or not erased after it has been written down.

So, I elected to send it electronically. They received the payment immediately and all I needed was their email address.

There are many online services that allow you to send and receive money electronically. Probably the most popular can be found at PayPal.com. Established in 2000, PayPal is owned by eBay.com and last year had revenues of over $4 billion.

Other popular electronic payment options include:

Dwolla (very affordable solution)
Western Union
Square
Xoom
Bank to bank transfers (ACH)
and a few more if you do a web search . . . .

How to Send and Receive Payments via PayPal
Since PayPal is one of the most trusted and widely used methods of sending and receiving money electronically, let’s discuss how to get started using their service.

Let’s say that you want to transfer $50 to your friend who lives in California.

As long as you have an account, you can easily send the money, free of charge. All you will need to do is to setup an account with PayPal. Once you sign-up with an account you can transfer the money free of charge so long as you have a linked bank account or have existing funds in you PayPal account. Otherwise, you will have to choose who pays a 2.9% + $0.30 transaction fee when using a debit/credit card as the sender.

When you are all signed up, all you need to do is to enter the person’s email address you wish to transfer funds to – and they will get a notice and link to retrieve their funds.

Once your friend in California has set-up a PayPal account, they’ll be able to accept the payment and then transfer the funds to their banking account or use the funds to pay for things online or even at some offline stores.

PayPal also offers users the options of collecting credit cards via their PayPal Here assessory that plugs into your cellphone’s headphone jack. You can use it to swipe customer’s (or friends’) credit or debit cards to accept payments for money owed or for goods and services. There is a small charge for this service.

Square is another service that acts in much the same way that PayPal Here does and is widely used by merchants for electronic payment.

Bank to Bank Electronic Transfers
I’m sure many of us have direct deposits set up for our paychecks. Most employers use the Automated Clearing House (more commonly known as the ACH) to accomplish these transfers. For the transactions to work, the receiver must provide authorization for the electronic transfer to take place.

While the ACH might not be as easy as PayPal – you still may be able to transfer money directly from your bank account to another bank account provided that you have the receiver’s account number and routing number. Many banks give you the option of paying a bill when you are logged in to your account.

Since most banks organize their websites in a variety of ways, you will need to check with your institution to see how you might be able to send money to another party. The transaction will likely be free if you are transferring from one bank account to another within the same institution.

Many procedures have been instituted to ensure customers’ identity and personal information remains safe while making financial transactions online. Just be sure to follow your instincts and common sense before you send money electronically and always be sure the site you are using to transfer money at is secure.

If you’re looking for a low cost, no-card-required solution, try Dwolla. Their fees are much lower than PayPal, and they offer a very similar product.…

8 Ways To Make Business Trips Fun And Productive

Diaz

Have you ever had to go on a business trip? Most people these days, if not traveling every week as road warriors, are taking anywhere from three to five trips per year (at least that’s what I do). As I write this article, I’m on a flight traveling from New Jersey back home to Dallas.

Personally, I’m not a big fan of business trips. It’s okay every once in a while, but I find myself out of routine and I definitely miss my wife and kids. But duty calls every now and then and it’s part of my job. Overall, I prefer to take a positive outlook on business trips, so here’s a list of things you can do to get some fun and productivity out of your next business trip!

1. Catch up on reading.
Two magazines, a book, and my iPad accompanied me on this trip. I was able to find some extra time to read a few chapters in my book, a couple of magazine articles, news and other articles on my iPad. Reading is a great way to fill up travel time!

2. Organize your finances.
You can also spend some time organizing your finances if you have a laptop and use personal finance software. Spend one evening to review your expenses, update your budget for 2020, pay bills or set up a new bill management program like Manilla.

3. Write an article.
If you’re a blogger or journalist, or simply like to write, I find that I have extra time in the evenings in the hotel. I’ll either write an article in my room, or sit in the lobby and spend time in front of my computer writing. You might be surprised by how much you can get done!

4. Exercise.
Well, I had good intentions here as I packed my running shoes and workout clothes, but it didn’t happen. Not even once. Alright, no excuses, but business trips can be a good time to work out in the evenings or even early mornings before work.

5. Get extra rest.
Uh, I didn’t exactly get extra rest because I stayed up way too late! However a trip away from home can actually provide some extra rest opportunities if you have little ones at home. I use a noise maker app on my iPhone and sleep to rain every night. This drowns out hotel sounds and helps me sleep well. So, there’s no harm in going to bed early one night if you want to catch up on sleep.

6. Learn about a new city.
If you’re adventurous you might consider checking out the city or town you’re visiting. Even small towns have something to see. Ask the front desk about things to see and do – and definitely take time to venture out if you have a rental car. Also, many hotels offer shuttles to nearby attractions.

7. Try new food.
As I mentioned, I’m on my way from New Jersey. This week I enjoyed plenty of Italian cuisine which seems to be a local favorite where I was staying. Depending on where you go, you can probably check out some different types of food and local well-known restaurants.

8. Catch up on work.
Alright, I throw this one out there because it actually can be a good time to catch up if you’re behind on work. I stayed up late one night and added another two hours to my work day to get caught up on tasks, emails, etc. It turns out this was a huge return on investment for me because my email has been extremely manageable since that night and I feel like I have all my tasks in order right now.

So let’s stop complaining about business trips that come up every now and then (or even more frequently). Have a positive outlook and make a plan ahead of time on what you can accomplish with, hopefully, some extra time to yourself!…